The crypto community was up in arms earlier this week after gas giant Shell sponsored a funding round for Gitcoin. The controversy stemmed from greenwashing accusations–a deceptive marketing practice used to persuade the public an organization’s policies or goals are environmentally friendly–by Shell. Many were quick to extol what they considered to be a mistake from Gitcoin, prompting new questions…
Month: August 2023
Elon Musk says block feature to be ‘deleted’ on Twitter/X
X, formerly Twitter, owner Elon Musk revealed in an August 18 post on the social media site that he intends to delete the block feature for users on the app. Block is going to be deleted as a “feature”, except for DMs — Elon Musk (@elonmusk) August 18, 2023 The missive came in response to a post from the “Tesla…
Binance considers legal action against Checkout.com as partnership ends
Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18. The potential legal dispute arises from letters sent by Checkout.com to Binance on Aug. 9 and Aug. 11. According to a Forbes report, Guillaume Pousaz, CEO of Checkout.com, ended the relationship with Binance citing “reports of regulators actions…
Interview: Angelic CEO on Building the Sci-Fi RPG on Solana and Ethereum
Interview: Angelic CEO on Building the Sci-Fi RPG on Solana and Ethereum Angelic is a sci-fi roleplay game in development that will be free-to-play and offer optional, opt-in crypto features on Solana and Ethereum and a governance token. Metaverse Game Studios CEO and Founder Erkan Bayol tells Decrypt’s Jason Nelson about how he sees AAA traditional games as Angelic’s main…
BTC price nears $26K amid warning Bitcoin sell pressure can 'double'
BTC price weakness continues into Wall Street trading, and Bitcoin has yet to rival seller capitulation from earlier this year. Source: https://cointelegraph.com/app/public/index.php/news/btc-price-26k-warning-bitcoin-sell-pressure-double
AI is helping expand accessibility for people with disabilities
According to data from the World Health Organization (WHO), more than one billion people are living with some significant disability today. Moreover, with the market for AI-related technologies set to grow to a cumulative valuation of over $2 trillion in the next seven years, it is reasonable to suggest that the marriage of these spaces can help introduce a new…
BTC price nears $26K amid warning Bitcoin sell pressure can ‘double’
Bitcoin (BTC) stayed near two-month lows at the Aug. 18 Wall Street open as markets came to terms with extreme liquidations. “Drying liquidity” costs BTC price key support Data from Cointelegraph Markets Pro and TradingView showed BTC price action tracking sideways after a single daily candle spawned 8% losses. The largest cryptocurrency saw a cascade of liquidations across derivatives markets,…
Bitget and crypto influencer embroiled in legal saga after ReelStar token listing fiasco
Update (Aug. 18 at 2:09 pm UTC): This article has been updated with both sides’ perspectives and additional information. Further commentaries are expected from both sides. Crypto influencer Evan Luthra has brought a lawsuit against crypto exchange Bitget for freezing his account after a new token listing in March. According to Luthra, the exchange suspended his withdrawals and froze $200,000…
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-ether-price-slump-crypto-bloodbath-1-b-liquidations
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. Source: https://cointelegraph.com/public/index.php/news/bitcoin-ether-price-slump-crypto-bloodbath-1-b-liquidations